Ford Motor Company (NYSE:F) Receives Average Recommendation of “Hold” from Brokerages

Shares of Ford Motor Company (NYSE:F) have been assigned a consensus rating of “Hold” from the sixteen research firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $11.7308.

F has been the topic of a number of recent analyst reports. Barclays increased their target price on Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Monday, October 27th. Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Piper Sandler lifted their price objective on shares of Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and upped their target price for the stock from $9.00 to $12.00 in a research note on Monday, October 6th. Finally, Citigroup lifted their price target on shares of Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a research note on Monday, October 27th.

Ford Motor Stock Up 3.4%

Shares of NYSE:F opened at $12.83 on Friday. The firm has a market capitalization of $51.12 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 4.03 and a beta of 1.60. The business has a 50 day simple moving average of $12.42 and a two-hundred day simple moving average of $11.53. Ford Motor has a 1 year low of $8.44 and a 1 year high of $13.97. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. During the same period in the prior year, the business posted $0.49 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, equities analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.7%. Ford Motor’s payout ratio is 51.72%.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently made changes to their positions in the company. Corsicana & Co. purchased a new stake in Ford Motor in the third quarter worth about $25,000. Trust Co. of Toledo NA OH bought a new stake in shares of Ford Motor in the 2nd quarter valued at about $25,000. Salomon & Ludwin LLC lifted its position in shares of Ford Motor by 86.6% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,333 shares of the auto manufacturer’s stock worth $30,000 after purchasing an additional 1,083 shares during the period. Johnson Financial Group Inc. lifted its position in shares of Ford Motor by 55.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares during the period. Finally, Capital A Wealth Management LLC increased its holdings in Ford Motor by 990.9% during the second quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 2,279 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.